NIO Announces Entry into Singapore, Uzbekistan, and Costa Rica Markets Over the Next Two Years

Shanghai Securities News, China Securities Network – According to NIO, the company recently announced that it will enter three new markets—Singapore, Uzbekistan, and Costa Rica—between 2025 and 2026, further expanding its global business and bringing innovative, sustainable, and high-quality smart electric mobility experiences to local users.

In the Singapore market, NIO will collaborate with Wearnes Automotive, a leading premium automotive group in the Asia-Pacific region. The two parties will launch the right-hand-drive (RHD) Firefly model in Singapore starting in 2026, marking NIO’s first RHD vehicle offering.

Additionally, in Costa Rica, NIO will partner with Horizontes Cielo Azul Movilidad, the country’s largest electric vehicle distributor, which has a proven track record of successfully growing Chinese brands from zero to market leadership in the local market. This marks NIO’s first foray into the Americas.

In Uzbekistan, NIO will join hands with Abu Sahiy Motors, a well-known local conglomerate. This also represents NIO’s first expansion into the Central Asian automotive market.